No regulation but govt wants transparent air fare pricing

On rising air fares said Singh that the total cost have risen "enormous." AP

On rising air fares said Singh that the total cost have risen "enormous."Oil prices and airport charges, in particular of the new Member States you are the factors responsible for the increase in air fares.

"All those things should be taken into account (while deciding on rates)," he said. At Kingfisher airlines, he said, "has made it very clear that DGCA so they can fly again, they have to meet with their operational and financial plan".

"Yes, there will be a lot of collateral damage as you say or Kingfisher Airlines don't fly," he said when asked if the airline does not fly collateral damage to lenders and suppliers would mean.

"But DGCA of concern is that there is no security problem. They must be able to keep to the timetable, "he said the airlines has to add to its employees, the oil companies and the airport operators pay their dues.

On his meeting with Moily said the Minister that he discussed according to goods declared the status of turbine aircraft fuel (ATF), a step that lead to a uniform central sales tax of 3-4 percent compared to the current practice of local sales tax or VAT would-ranging from 24 percent.

"He (Moily) agreed to this," he said.Moily said his Ministry was once give goods declared on the issue should be decided by status but the Ministry of finance. "We will jointly make a representation to the Minister of finance," he said.

PTI

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